Solo International, Inc. (OTC:SLIO) got another paid promotion last night which only adds to the stock’s long promotional record from last month. In addition, the company just announced news that could also influence the trade today. 
On Friday, SLIO closed the market with a 6.30% increase from the previous day at $0.135. The session was also marked with one of the highest trading volumes for the stock as almost 1.62 million shares changed hands during the day. RSI indicator has just crossed the centerline, which could be considered a strong positive bullish signal.
The new promotions that will come in support of SLIO today have not been as expensive as the ones from January. Our database shows that a compensation of $7,500 has been paid by a third party for the new promotional e-mail from last night. Previously, in January, another third party paid $40,000 for a SLIO promotion and the same day the stock price surged to $0.24.
That value seems too high as a possible level of resistance for the new promotions, however, as SLIO fell down to $0.10 a few days after the expensive January promotion.
Solo International is a young company that has no cash reserves and that entered the mining business in September last year. Yet, the company is quite consistent in issuing press releases related to its new projects. The last announcement came just an hour ago, saying that SLIO had expanded its Quebec project by adding 60 hectares directly adjacent to its Philadelphia Prospect.
